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Ryanair, Norwegian topple European aviation’s old order

  Bloomberg Aggressive growth strategies at Europe’s leading discount carriers are poised to overthrow the region’s established airline order. Ryanair Holdings Plc, already Europe’s top low-cost operator, boosted its passenger tally 15 percent to 117 million in 2016, a figure that’s set to give it the biggest annual tally of any carrier in the region, ahead of Deutsche Lufthansa AG, ...

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Mexican firms win $4bn airport contract

  MEXICO CITY / AP A consortium led by Mexico’s Carso infrastructure and construction company has won a $4 billion contract to build the main terminal building at Mexico City’s new airport. The $9.2-billion project will quadruple the current airport’s capacity to 120 million passengers per year. Mexican builder ICA Constructora de Infraestructura will join nine firms, some Spanish, in ...

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SpaceX Jan 9 launch puts Iridium’s future up in the air

  Bloomberg Iridium Communications Inc. needs SpaceX to get it right this time. Elon Musk’s Space Exploration Technologies Corp. is set to launch 10 Iridium communications satellites from Vandenberg Air Force Base in California on Monday, marking the company’s first return to flight since a Falcon 9 rocket blew up on a Florida launch pad in September. The satellites are ...

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A game to diagnose dementia!

  DPA A mobile game, of all things, is providing dementia researchers with huge amounts of data. Called Sea Hero Quest, it’s helping them understand how our brains navigate space and is being used to create a benchmark for early detection of dementia, one of the first symptoms of which is the loss of navigational skills. Participants in the project ...

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‘Good science can be done in African countries’

  DPA Derek Ndinteh may be sitting in a windowless tiny office at one of South Africa’s less-well-known universities writing out an application for research funding, but this brilliant 40-year-old from Cameroon is confident. “I will be the first black Nobel laureate in chemistry,” says the researcher at the University of Johannesburg – “UJ” to its students. The role of ...

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Lebanon plans to restart oil, gas licensing round after 3-year delay

  BEIRUT / Reuters Lebanon intends to restart its first oil and gas licensing round after a three-year delay, the energy minister said, hoping to kick-start the development of a hydrocarbon industry stalled by national political paralysis. In its first sitting since being formed in December, Lebanon’s new cabinet passed two decrees defining the blocks and specifying conditions for production ...

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Israel harnesses sunshine with world’s tallest solar tower

  AP In sunny Israel, solar energy supplies only a small percentage of the nation’s power needs, leaving it far behind countries with cloudier and colder climates. Now the fledgling solar industry is trying to make a leap forward with a large-scale project boasting the world’s tallest solar tower, as a symbol of Israel’s renewal energy ambitions. With Israel traditionally ...

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Saudi body rules on insider trading in Mobily shares

  Reuters A special Saudi Arabia committee has found a number of individuals guilty of providing insider information and insider trading in shares of telecoms operator Mobily, leaving them facing potential jail terms of between one and two years, the kingdom’s Capital Market Authority (CMA) said. The findings of Saudi Arabia’s Committee for the Resolution of Securities Disputes (CRSD) are ...

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